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- Cyprus to probe troubled lender's Russian acquisition
NICOSIA (Reuters) - Cyprus's most senior legal official will investigate the circumstances of troubled lender Bank of Cyprus's acquisition of a small Russian bank in 2008, authorities said on Tuesday. Bank of Cyprus was one of two systemic Cypriot banks taken over by the state under an international bailout agreed for Cyprus in March that also raided customers' deposits to pay for ...
June 11, 2013 - Reuters via Yahoo! News